SpaceX (NASDAQ:SPCX) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of SpaceX (NASDAQ:SPCX) have been given a consensus rating of “Moderate Buy” by the thirty-five ratings firms that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, seven have issued a hold rating, twenty-three have given a buy rating and four have issued a strong buy rating on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $239.12.

Several research firms recently issued reports on SPCX. TD Cowen initiated coverage on shares of SpaceX in a research report on Monday, June 22nd. They set a “buy” rating on the stock. Argus started coverage on SpaceX in a research note on Friday, June 26th. They set a “hold” rating for the company. Susquehanna initiated coverage on SpaceX in a report on Tuesday, June 23rd. They issued a “neutral” rating and a $170.00 target price on the stock. Needham & Company LLC started coverage on SpaceX in a research note on Tuesday, July 7th. They issued a “buy” rating and a $200.00 price target on the stock. Finally, William Blair initiated coverage on SpaceX in a report on Tuesday, July 7th. They set an “outperform” rating for the company.

SpaceX Stock Down 4.5%

SPCX stock traded down $6.86 during midday trading on Friday, reaching $145.30. The company had a trading volume of 46,382,810 shares, compared to its average volume of 133,493,516. SpaceX has a 1-year low of $145.07 and a 1-year high of $225.64.

SpaceX (NASDAQ:SPCX) last released its earnings results on Thursday, May 7th. The company reported ($1.27) EPS for the quarter. The business had revenue of $4.69 billion for the quarter.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Hyperion Asset Management Ltd acquired a new stake in shares of SpaceX in the 2nd quarter valued at approximately $201,137,000. Abound Wealth Management bought a new stake in shares of SpaceX during the 2nd quarter valued at approximately $350,000. Accel Wealth Management acquired a new position in SpaceX during the 2nd quarter worth approximately $203,000. Heck Capital Advisors LLC bought a new position in SpaceX in the 2nd quarter valued at approximately $3,768,000. Finally, JFS Wealth Advisors LLC bought a new position in SpaceX in the 2nd quarter valued at approximately $325,000.

SpaceX News Summary

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: Wall Street coverage turned broadly bullish, with several firms initiating buy ratings and Raymond James setting a street-high $800 price target, arguing SpaceX could still have major upside if Starlink and launch growth scale as expected. Raymond James Sets Wall Street’s Highest Price Target on SpaceX Stock at $800. Here’s the Math Behind the 425% Upside Call.
• Positive Sentiment: SpaceX was added to the Nasdaq-100, which could drive forced buying from index funds and support demand for the shares over time. SpaceX Added to Nasdaq-100 and Could Trigger $4.3B in Forced Passive Buying
• Positive Sentiment: Cathie Wood’s ARK Invest continued buying SpaceX shares, signaling that some growth investors still see the post-IPO pullback as a buying opportunity. Cathie Wood Buys More SpaceX, Sells AMD, BioNTech, and Other Growth Stocks, 7/9/26
• Neutral Sentiment: Backpack launched 24/7 trading of tokenized real U.S. equities, including SpaceX, expanding access for international investors but not directly changing the company’s fundamentals. Beyond SpaceX: First Trust Launches FSPC Space Economy ETF Focused on AI, Satellites, Launch Leaders
• Negative Sentiment: Bearish commentary intensified around SpaceX’s valuation, with multiple reports saying the IPO hype is fading and that the company’s true value may be far below its market cap. SpaceX: The IPO Hype Is Fading – Why Shares’ True Value May Be Less Than Half Its Market Cap
• Negative Sentiment: Several stories highlighted mounting concerns about losses, heavy AI spending, and funding needs, reinforcing worries that profits may remain distant despite strong revenue growth. SpaceX Lost $4.28 Billion on $4.7 Billion in Revenue Last Quarter. Here’s What’s Going On.
• Negative Sentiment: China’s first successful reusable rocket booster landing also raised competitive pressure on SpaceX’s launch leadership story. China Lands Reusable Rocket Booster for the First Time, Closes Gap With SpaceX in Orbital Launch Race

SpaceX Company Profile

SpaceX, or Space Exploration Technologies Corp., is an American aerospace company focused on the design, manufacture and launch of advanced rockets and spacecraft. The company develops launch vehicles and space systems used for commercial, government and scientific missions, with a strong emphasis on lowering the cost of access to space through reusable rocket technology.

Founded in 2002 by Elon Musk, SpaceX has built a broad portfolio of products and services that includes the Falcon 9 and Falcon Heavy rockets, the Dragon spacecraft and the Starship development program.